Independent Audit of Somalia Financial Management Information System (SFMIS) – Mogadishu, Somalia

 

The Federal Government of Somalia

Office of the Auditor General

REQUEST FOR EXPRESSIONS OF INTEREST (REOI)

(AUDIT OF SFMIS)

 

COUNTRY:	Federal Republic of Somalia (FGS)
NAME OF PROJECT:  Somalia Domestic Revenue Mobilization and Public Financial Management
	Capacity Strengthening Project – Phase II
PROJECT ID:	P166206	Grant No.: IDA-D3700
Assignment Title:	Independent Audit of Somalia Financial Management Information System
	(SFMIS)
Reference No.:	SO-MOF-253201-CS-LCS
Place of assignment:	Mogadishu, Somalia
Closing Date:	15th October, 2021

The Federal Republic of Somalia has received financing from The World Bank through the Ministry of Finance (MoF) toward the cost of Somalia Domestic Revenue Mobilization and Public Financial Management Capacity Strengthening. The project has been designed to offer a platform to address core economic governance issues, including: (i) instituting PFM fundamentals for budget credibility; (ii) effective budget execution and financial accountability; (iii) improved policy formulation, planning and budget preparation; and (iv) institutional structures for Strategic Human Resource Management (SHRM), Integrated Financial Management Information Systems (IFMIS) and other cross-cutting issues.

 

The project has supported the development and implementation of Somalia Financial Management Information System (SFMIS) and it is the main system for public expenditure control and for generating financial statements that are submitted to the Auditor General for audit. The system architecture is designed as a ‘fit-for-purpose’ bespoke solution to support all government treasury operations.

The Ministry of Finance intends to apply part of the proceeds of the Grant to engage a registered, practicing audit or consulting firm with IS audit competency to conduct an independent audit of the SFMIS for and on behalf of the Office of the Auditor General of Somalia (OAGS).

The consulting services (“Services”) is to be carried out in line with requirements of the International Standards of Supreme Audit Institutions (ISSAIs). The Consultant is expected to: (i) carry out an information systems audit of the SFMIS; (ii) identify and assess risks that could be perpetuated using the SFMIS in its current form (iii) conduct test of Application Controls and General IT Controls supporting the SFMIS; (iv) assess whether or not the SFMIS has been implemented in accordance with approved IT policies, design specifications and other amendments; (v) consider sufficiency of oversight and governance arrangements for effective deployment and implementation of the system; (vi) ensure knowledge transfer to selected auditors of the OAGS in the audit process; and (vii) report on findings and make appropriate recommendations. The applicable standards, detailed tasks, methodology and approach are defined in the terms of reference (TOR). The TOR for the assignment can be found at the following website: https://oag.gov.so or it can be provided upon submission of application in person or by e-mail. The e-mail address is provided below.

The audit is expected to be conducted and reports delivered within 95 calendar days from the commencement date.

The Ministry of Finance now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The short listing criteria are as follows:

1. Core business of the firm and years in business (not less than 10 years’ experience in consulting, accounting and auditing in the public and/or private sector).
2. Experience of similar assignments on public sector information systems (IS) audit of FMIS; financial audits; and familiarity with the requirements of the International Standards of Supreme Audit Institutions (ISSAIs).
3. Experience of having worked in an environment similar to that of Somalia; and
4. Technical and managerial capability of the firm. (Provide only the structure of the organization, general qualifications and number of key staff. Do not provide CV of staff). Key experts will not be evaluated at the shortlisting stage.

Attention of interested Consultants is drawn to paragraphs 3.14, 3.16 and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers: Procurement in Investment Financing – Goods, Works, Non-Consulting and Consulting Services dated July 2016 and the latest edition (“The Regulations”), setting forth the World Bank’s policy on conflict of interest.

A Consultant will be selected in accordance with the Least Cost Selection (LCS) method set out in the Procurement Regulations. Interested Consultants may obtain further information at the address below during office hours from 8:30am to 3.30pm Mogadishu time (excluding public holidays).

Expressions of interest (EOI) should be delivered (in person or by e-mail) in a written form to the address below by 15^th October 2021 at 12:00 Hours (Mogadishu Time) – marked clearly as – “Expression of Interest for SFMIS Audit”

Public Financial Management Reform Coordination Unit, Ministry of Finance, Mogadishu Federal Republic of Somalia

Email: procurement@oag.gov.so and copy and pfmcommunications@mof.gov.so and oag@oag.gov.so

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